$ACX has seen a price increase of 1.164% over the last 24 hours, confirming a bullish sentiment.
The price fluctuated between 0.1585 and 0.1518, currently trading near support at 0.153.
Bollinger Bands indicate a squeeze, suggesting potential volatility ahead, with the upper band at 0.157 and lower band at 0.153.
The overall market trend is bullish, although this momentum appears moderate rather than strong.
Bitcoin’s influence remains undefined, indicating that ACX may have its own dynamics at play without significant correlation to BTC movements.
Traders might consider a short-term strategy to capitalize on volatility while monitoring macroeconomic factors such as inflation and regulatory news.
In summary, watch for price action near support and resistance levels, as these may indicate breakout potential or reversal signals.
